R e s e a rc h a n d D e ve l op m e nt

Research and Development

Activities by Business Segment

Research and development activities were almost entirely funded by the Company during fiscal 2019. Combined spending on research and development for

Industrial Machinery Products Businessthe Industrial Machinery Products Business, the Steel and Energy Products Busi-In machine-related product development, we are working to develop

ness, and the Other Business amounted to ¥4,708 million (US$43 million). Aiming

advanced processing technology for plastic molding machines; enhance theto become a company that contributes to the prosperity of society by generating

performance of plastic extruders; improve the functionality and perfor-changes through our innovative technologies, we strive to develop new products
and production techniques using our proprietary technologies. To bring thesemance of film and sheet equipment; enhance the performance and lower
Muroran Research Laboratory

products and techniques to market as soon as possible, we actively promote mul-develop manufacturing equipment for fiber-reinforced plastic composite

tidisciplinary and technological tie-ups and joint development.

components and other products. R&D spending in this segment was ¥2,101

Business divisions and Group companies collaborate to 1) improve the capa-million (US$19 million) in fiscal 2019.

bilities, performance, and reliability of core products; 2) develop and nurtureofferings in new business fields based on core and differentiated technologies;

Steel and Energy Products Businessand 3) promote the development and commercialization of new products

Product development centers on developing materials and manufacturing

through synergies with Group companies.

process technologies, notably for clad steel pipes for natural gas transportation pipelines as well as large steel castings and high alloys. Our technological

Basic Research and Development Policy

development focuses on improving materials and element technologies forexisting products. Segment R&D spending totaled ¥674 million (US$6 million)(1) In terms of the promotion and commercialization of new businesses, thein fiscal 2019.

New Business Promotion Headquarters collaborates with each business division and prioritizes R&D on new energy and energy savings, information andtelecommunications, nanotechnology and materials, aircraft components,
and new production technologies, all of which are related directly to JSW’s

the cost of magnesium injection molding equipment and compressors; andOther Business
Hiroshima Plant
Technical Development Department

businesses. Through these efforts, we aim to focus on expanding and upgrad-In addition to commercializing and expanding businesses for aircraft components, various functional materials for the optical communication field suchas high-performance crystalline materials, and pressure accumulators foring core technologies while cultivating and growing existing businesses.

hydrogen fueling stations, we also promote development and commercialization of various functional materials including high-performance metal materi-(2) We engage in basic research for future technologies and contemporary

als and nanomaterials. Segment R&D spending totaled ¥1,932 million (US$18

social needs and in researching component technologies for existing prod-million) in fiscal 2019.

ucts. We will build on these efforts to undertake R&D projects that create new
products and businesses and pursue innovations for existing products.
(3) The focuses in Machinery Products are to enhance plastics machinery, IT
equipment, and other industrial machinery. We will allocate significant
resources to such machinery by clarifying that our commercialization framework is open to mergers, acquisitions, and alliances. In Steel Products, we aim
for improving profitability of existing products while commercializing newareas.

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Yokohama Plant
Technical Development Department

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